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PBGC Trusteed Plan · Case 4153800
The BRANIFF AIRWAYS INC IAM PENSION PLAN, a single-employer defined-benefit pension plan sponsored by BRANIFF AIRWAYS INC of DALLAS, TX, was terminated on 1982-08-23 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1982-12-21. At the date of termination the plan had 234 participants — current and former employees with vested retirement benefits.
When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.
| Plan | Terminated | Participants |
|---|---|---|
| BRANIFF TEAMSTER PENSION PLAN | 1982-08-23 | 1,385 |
| BRANIFF AIRWAYS INC RETIREMENT PLAN MANAGEMENT | 1982-08-23 | 314 |
All plans sponsored by EIN 750153055. Full sponsor profile →
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